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TORONTO–(BUSINESS WIRE)–Tokens.com Corp. (NEO Exchange Canada: COIN)(Frankfurt Stock Exchange: 76M) (OTCQB US: SMURF) (“Tokens.com” or the “Company”), a publicly-traded company that builds web3 businesses and owns an inventory of digital assets, is pleased to announce that all resolutions considered by the shareholders of Tokens.com Corp. at the Annual General and Special Meeting of Shareholders (the “Meeting”) held virtually by teleconference on July 11, 2023 were passed. Voting as to each of the director nominees were as follows: Nominee For % Withheld % Andrew Kiguel 24,121,083 99.67% 80,028 0.33% Andrew D’Souza 21,633,903 89.39% 2,567,208 10.61% Frederick T. Pye 21,586,260 89.20% 2,614,851 10.80% Emma Todd 21,633,653 89.39% 2,567,458 10.61% Jimmy Vaiopoulos 21,633,553 89.39% 2,567,558 10.61% Please see the report of voting results filed under Tokens.com Corp’s profile at www.sedar.com for the detailed results of all matters voted upon by shareholders at the Meeting. About Tokens.com Tokens.com Corp is a publicly traded company that invests in web3 assets and owns an inventory of digital assets. The Company focuses on three operating segments: i) crypto staking, ii) the metaverse and, iii) web3 gaming. The Company also owns a portfolio of web3 related domain names. Staking operations occur within Tokens.com. Metaverse operations occur within a subsidiary called Metaverse Group. Web3 gaming operations occur within a subsidiary called Hulk Labs. All three businesses are tied together by the utilization of blockchain technology and are linked to high-growth macro trends within web3. Through sharing resources and infrastructure across these business segments, Tokens.com is able to efficiently incubate these businesses from inception to revenue generation. Visit Tokens.com to learn more. Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, Facebook, Instagram and YouTube. Forward-Looking Statements This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements in this news release include statements relating to completion of the acquisition and closing date thereof and the benefits to be realized from the transaction, including the potential synergies between Metaverse Group and Tokens.com (including Hulk Labs, the gaming unit of Tokens.com). Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. Contacts Tokens.com Corp. Andrew Kiguel, CEO Telephone: +1-647-578-7490 Email: [email protected] Jennifer Karkula, Head of Communications Email: [email protected] Media Contact: Ali Clarke – Talk Shop Media Email: [email protected]
 
SINGAPORE–(BUSINESS WIRE)–In the midst of the bear market, KTX.Finance, a decentralized perpetuals exchange on BNB Chain, announces a $4 million USD seed round financing led by Hashed. Other participants in the round include: AlphaLab Capital, CRIT Ventures, 100&100 Ventures, Trinito Corporation / Morpheus, GSG Asset, KuCoin Ventures and Sky9 Capital. “Decentralised trading has grown increasingly popular since the collapse of their centralised counterparts. This was accelerated by the advent of multi-asset shared pool liquidity, which deepens trading liquidity for on-chain leveraged positions and brings capital efficiency for liquidity providers. KTX.Finance demonstrates these concepts as a fresh protocol on BNB Chain, executed by a seasoned team with >40 years of combined developer experience and operationally bootstrapped by ByteTrade Lab.” Edward Tan, Investments & Research at Hashed Hatched in the aftermath of FTX’s collapse in 2022, KTX.Finance went live in June 2023 on BNB Chain with the aim of bringing perpetuals trading to the masses. While several DEXs have emerged to address CEX risk, KTX.Finance’s competitive edge has been to maintain superior UIUX and speed, as well as lower fees. KTX.Finance is seeing early results, achieving $40 million USD in trading volume from more than 600 traders. Instead of trading against a market-maker, traders trade against the KLP pool, a multi-asset liquidity pool consisting of 50% stablecoins and 50% blue-chip crypto assets (such as BTC, ETH, BNB). By adopting such a model, traders can trade with full custody of their assets while enjoying the benefits of leverage, good user experience, and low fees. Additionally, liquidity providers on KTX.Finance can deposit any blue-chip asset into the KLP pool and receive up to 70% of the trading fees generated by the protocol. KTX.Finance is operated by Alphamesh and incubated by ByteTrade Lab, a Web 3.0 infrastructure and venture builder based in Singapore. “Blockchains, as open and transparent ledgers, excel in decentralizing the asset layer of the Internet. As part of this movement, KTX.Finance is leading the way in democratizing the perpetuals market. ByteTrade Lab has a shared vision with KTX.Finance of more accessibility and user empowerment, and we have high confidence in the project’s ability to bring DeFi to more users globally.” – Dr. Lucas Lu, CEO of ByteTrade Lab ByteTrade Lab, headquartered in Singapore, raised 50 million USD Series A financing in June 2022 from investors such as Susquehanna International Group (SIG) Asia Venture Capital Fund, INCE Capital, BAI Capital, Sky9 Capital, BlueRun, and PCG. They are committed to creating a decentralized Internet that gives individuals ownership and control over their financial and daily Internet data. ByteTrade Lab is actively incubating Terminus OS and a network of decentralized Edge Nodes, also known as privately-owned personal servers. Through these Edge Nodes, users can self-host and run open protocols and software, enabling them to leverage extensive computational and storage capabilities. This empowers users with increased access and control over their Internet data, ultimately establishing a user-centric decentralized Internet network that aligns with the full value proposition of Web 3.0. About KTX.Finance KTX.Finance is an on-chain decentralized derivatives trading protocol that utilizes a unique multi-asset liquidity pool. Traders are able to take on 50x leverage on their trades while LPs enjoy high capital efficiency. Please visit ktx.finance and follow us on Twitter at @KTX_finance. About ByteTrade Labs ByteTrade Lab is giving data ownership back to users and democratizing the marketplace of online information. We are helping to build a new internet that is self-hosted, user-controlled, and truly private. Our novel peer-to-peer operating system, Terminus OS, is built to run on top of a network of decentralized personal servers protected by personal private keys. The result is a decentralized cloud owned by users, where anyone can access the information they choose. ByteTrade is backed by Susquehanna International Group (SIG)’s Asia VC Fund, and leading institutional investors including INCE Capital, BAI Capital, Sky9 Capital, BlueRun and PCG. Please visit BytetradeLab.io and follow us on Twitter at @ByteTradeLab. Contacts Media: [email protected]
 
Smart contracts on Multichain are executed using a multiparty computation mechanism. Chainalysis speculated that the attacker may have compromised Multichain’s MPC keys. According to Chainalysis, a blockchain security and analytics company, the exploit of the cross-chain bridge technology Multichain that cost millions of dollars may have been an internal rug pull. The firm stated: Over $125 million has been lost as a direct consequence of the exploit. However, according to Chainalysis, the attack might have been the consequence of stolen administrator keys, suggesting it was an “inside job.” Internal Issues Smart contracts on Multichain are executed using a multiparty computation (MPC) mechanism, which the company likened to a multisignature wallet. Chainalysis speculated that the attacker may have compromised Multichain’s MPC keys in order to launch the vulnerability. According to Chainalysis, the most glaring manifestation of these internal problems was the disappearance of Multichain’s CEO, “Zhaojun,” in late May. Binance discontinued support for some of its bridging tokens on July 7 because of delayed transactions and other technical issues. Meanwhile, recently, numerous fictitious transactions involving Multichain tokens have been detected by blockchain detectives. One source of the irregular outflows was the Multichain executor address, which drained token addresses from many chains. On July 8, Circle and Tether, two stablecoin issuers, froze roughly $65 million in funds related to the Multichain attack. Knowledge graph protocol 0xScope reports that at least $63.2 million USDC was sent to three addresses before being frozen. According to another report by the Fantom Foundation, Etherscan froze over $2.5 million in Tether USDT from two addresses labeled “Multichain Suspicious Addresses.” Highlighted Crypto News Today: Robert Kiyosaki Predicts Bitcoin To Reach $120,000 by 2024
 
Data from Glassnode reveals that the structure of the current Bitcoin rally is looking similar to the genesis points of historical uptrends. Bitcoin Recovery Since November Lows Is Reminiscent Of Past Rallies In its latest weekly report, the on-chain analytics firm Glassnode has looked into how the current Bitcoin rally lines up against similar rallies that the cryptocurrency observed during the previous cycles. To make this comparison, the analytics firm has taken the data for the performance of the coin starting from the all-time high in each cycle. Here is a chart that shows how the past bear market rallies have looked like in terms of this metric: Note that only the upwards performance of Bitcoin is being considered here, and the drawdown has been excluded. From the chart, it’s visible that during all the cycles, gains after the ATH was set disappeared in time as the bear market went into full gear. Soon after the bear bottom formation took place, these cycles saw the asset experiencing a recovery rally. In the current cycle so far, it’s not completely certain yet if the November 2022 low seen after the FTX crash was indeed the cyclical bottom. However, if it’s assumed that this low was indeed the bottom, then the rally that has been going on in the past few months would take the role of the recovery rally in the current cycle. Interestingly, so far, the cryptocurrency has seen an uplift of 91% since the aforementioned bottom, which is very similar in scale to the recovery rallies of the past cycles. “With the exception of 2019, all prior cycles which experienced a similar magnitude move off the bottom, were in fact the genesis point of a new cyclical uptrend,” explains Glassnode. The reason 2019 was different is that the April 2019 rally (which may have normally acted as the recovery rally from the bear market bottom) ran out of steam before long and the price subsequently declined. The drawdown was then extended in March 2020 as the crash due to the emergence of COVID-19 took place. It’s the recovery rally from this crash that ended up leading to the 2021 bull market. Naturally, if the pattern of the first two Bitcoin cycles is anything to go by, the current recovery rally structure may mean that the asset is now on its way toward a cyclical uptrend. The analytics firm has also looked at the rally from another angle: this time in terms of the drawdown (that is, the negative performance). As displayed in the graph, the Bitcoin rally has seen a peak drawdown of just 18% so far, which is clearly much less than what the previous bull markets saw. “This perhaps suggests a relatively strong degree of demand underlies the asset,” suggests Glassnode. BTC Price At the time of writing, Bitcoin is trading around $30,400, down 2% in the last week.
 
The Bitcoin and crypto prices are influenced by a complex web of factors and intertwined indicators. One such influential force is the U.S. Dollar Index (DXY), which has gained prominence as a vital gauge for Bitcoin and crypto investors. Over the past three years, BTC and the DXY have been mostly inversely correlated, except in times where crypto-specific factors overshadowed the dollar trends. Whenever the DXY experiences a decline, Bitcoin tends to embark on an impressive rally. Conversely, BTC usually falls when the DXY rises. DXY Approaches Crucial Level Since the local high of 104.7 on May 31, the DXY has dropped by nearly 3%. At the time of writing, the DXY stood at 101.8 and is now approaching the yearly low at 100.8 again, which served as support in February and April respectively and initiated a bounce to the upside. As the renowned trader Gert van Lagen noted via Twitter, the situation for the U.S. dollar index is quite precarious. Van Lagen’s assessment, based on a detailed analysis of the DXY weekly chart, suggests that the US dollar is poised to continue its slide. Lower lows, lower highs, and the failure to break the blue downtrend for several months all contribute to the bearish sentiment. In addition, the DXY has abandoned the green uptrend and is displaying a bearish confirmation of 3 consecutive weeks. According to van Lagen, a crash of the DXY below 89 could be imminent. Will The Bitcoin Price Surge Sixfold? Renowned crypto analyst “Coosh” Alemzadeh also recently took to Twitter to share an intriguing observation about the correlation between the DXY and Bitcoin’s price movements. Alemzadeh’s chart below highlights that during previous instances when the DXY slipped below the critical level of 100, Bitcoin experienced a remarkable surge. In 2017, Bitcoin witnessed a 10x rally, and in 2020, BTC soared by 7x. Alemzadeh predicts that if history repeats itself and the DXY drops to 89 as it did in the past, Bitcoin could potentially see a substantial price increase of 4x to 6x. The entire crypto market is likely to profit. Alemzadeh shared the chart below and stated: Remarkably, Jan Happel and Yann Allemann, the founders of Glassnode, have been sharing the same opinion for quite some time. Already at the end of May, the analysts suggested an ABC structure, which has been the main source of headwinds for BTC and other risk assets. Their prediction was that once the DXY topps out, it will decline sharply, towards the 91-93 until the end of the year. “The decline should unfold in 5 waves likely into late 2023. This move should be very supportive of risk assets and particularly Bitcoin,” say the analysts who also predict the possibility of a blow-off top for risk assets. At press time, the Bitcoin price remained in its sideways trend, trading at $30,421.
 
Unchained Signature is distinct in offering high-touch client management and support without the degree of third-party risk associated with exchanges and custodians AUSTIN, Texas–(BUSINESS WIRE)–Unchained, the leader in financial services for bitcoin holders, today announced the launch of Unchained Signature, a membership-based service that helps high-net-worth individuals, institutions, and corporations invest in and manage their bitcoin. Unchained Signature offers clients high-touch support akin to what they might expect from premium banking services in traditional finance, with the critical distinction of collaborative custody, also known as multi-signature custody. Unchained’s collaborative custody model enables investors to maintain sovereignty over their bitcoin—making their funds invulnerable to exchange hacks and collapses—without the risks of self-custody, such as loss of private keys. The fact that clients hold their own bitcoin keys, even when they get a loan with their bitcoin used as collateral, is an assurance that Unchained is not able to singularly move or rehypothecate client funds, as many now-defunct crypto firms did prior to their collapse. Underpinned by collaborative custody, Unchained Signature gives members dedicated account management for bitcoin financial services—including private trade execution, multi-million dollar loans, and retirement and estate planning—plus technical support, including advisors who will travel on demand to deliver in-person emergency assistance. Further, Unchained Signature provides benefits like early access to new products and exclusive networking events with internationally renowned economists and other industry titans. “Unchained Signature is a solution we’ve tailored for the needs of large-scale investors,” said Joe Kelly, co-founder and CEO of Unchained. “As the best performing asset of the last decade, bitcoin continues to draw in new high-net-worth individuals and institutions, many of whom have previously shied away from crypto due to technical barriers and third-party risks. Unchained Signature exists to help these investors buy, secure, and grow their bitcoin with as much technical and logistical assistance as they need — all without compromising security.” With over $2 billion in bitcoin secured and over $500 million originated in bitcoin-collateralized loans, Unchained has established itself as the number one bitcoin loan provider in the USA and a leader in bitcoin financial services. Unchained Signature is the latest iteration in the company’s commitment to helping investors manage and grow their bitcoin with a suite of products and services that resemble the sophistication of traditional finance but maintain the decentralization-focused ethos of bitcoin. The launch of Unchained Signature comes on the heels of the firm’s $60 million Series B funding round led by Valor Equity Partners. The initial close, completed on April 11, included participation from existing investors NYDIG, Trammell Venture Partners, Ecliptic Capital, and Highland Capital Partners. About Unchained Founded in 2016, Unchained is a top 10 bitcoin platform by assets secured and has helped thousands of individuals and businesses truly own their wealth by holding bitcoin keys. Unchained’s collaborative custody model allows clients to access financial services while continuing to have the benefits of self-custody, the ultimate consumer protection in these uncertain times. For more information on Unchained, please visit unchained.com. Contacts Larissa Bundziak Unchained (914) 552-7427 [email protected] Unchained.com twitter.com/unchainedcom
 
From its peak, the price of the BAYC floor has dropped by 90%. It would be releasing an IP verification tool dubbed “Made by Apes” at the end of the month. In conjunction with SaaSy Labs, Bored Ape Yacht Club (BAYC) is announcing the release of “Made by Apes,” an on-chain IP verification tool. The purpose of the application is to provide an easy process by which BAYC members may validate their works and produce a comprehensive catalog. From its peak, the price of the BAYC floor has dropped by 90%. The company behind the immensely popular NFT collection Bored Ape Yacht Club has announced that they would be releasing an IP verification tool dubbed “Made by Apes” at the end of the month. On-chain Solution To produce an official directory for BAYC creations, the application was built in collaboration with SaaSy Labs to meet the need for an on-chain solution to authenticate products generated by club members using their IP. Yuga Labs co-founder and Twitter user Greg Solano recently posted on the need for an on-chain verification method, noting that club members have been making products using their IP, but there hasn’t been a quick and formal means to authenticate these assets until now. Working with SaaSy Labs offers a promising chance to address this gap and provide a straightforward service. Will Clemente pointed out that the BAYC NFT floor price is presently at $64,225, down by more than 90% from its peak of $600,000 in 2021. The Bored Ape Yacht Club and the NFT community at large have both expressed excitement for the forthcoming launch. Holders taking control of the BAYC brand, “Made by Apes” may be the first step towards a decentralized autonomous organization (DAO). Highlighted Crypto News Today: Is 2023 Turning the Year of Shiba Inu (SHIB)?
 
These estimates are in line with those made by Standard Chartered Bank. All eyes are now on the upcoming CPI and PPI reports this week. Robert Kiyosaki, author of the best-selling financial book “Rich Dad Poor Dad,” claims that Bitcoin will soon be worth $120,000. These estimates are in line with those made by Standard Chartered Bank, which predicts that Bitcoin will reach $50,000 this year and $120,000 by the end of 2024. Meanwhile, the BRICS countries are looking at launching a gold-backed cryptocurrency as an alternative to the U.S. dollar, with Russia at the helm of this initiative. On Twitter, Robert Kiyosaki recently shared his optimistic outlook on Bitcoin. Kiyosaki claims that Bitcoin’s value would increase to $120,000 in the next year. The author stated: Imminent Economic Disaster In an effort to challenge the U.S. dollar’s worldwide dominance and investigate alternative financial systems, the BRICS (Brazil, Russia, India, China, and South Africa) countries are actively considering the development of a gold-backed cryptocurrency. Discussions to develop a new trade currency backed by gold were disclosed by the Russian Embassy in Kenya. Robert Kiyosaki’s predictions of an imminent economic disaster, which he said can be protected against using precious metals and digital currencies, have not wavered. The price of bitcoin has risen by 0.90% in the last day, to $30,598, at the time of writing. Despite this volatility, BTC has stayed within a rather limited range. All eyes are now on the upcoming CPI and PPI reports this week. Highlighted Crypto News Today: Is 2023 Turning the Year of Shiba Inu (SHIB)?
 
MATIC, the native token of the Polygon network, has witnessed a significant price gain in the last day, drawing much attention from investors. According to data by CoinMarketCap, MATIC gained by 10.44% over the last 24 hours, representing a better market performance than most top assets, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), etc. MATIC’s Price Overview In July Since the beginning of the month, the MATIC market has experienced a series of gains and losses, which, so far, have been in line with the general crypto market. Related Reading: BNB Price at Make-or-Break Levels As The Bulls Aim Big Above This Resistance MATIC began the month trading around $0.66 before witnessing a steady price rise to hit the $0.71 resistance zone on July 4. However, after failing to break past this barrier, the ERC-20 token saw its price fall by 7%, returning to the $0.66 price mark the following day. On July 6, MATIC attempted another bullish run but was followed by a sharp price decline. But since then, the token has seen a steady price increase since then, leading up to its recent price boost. In the early hours of today, MATIC‘s price shot up by 10%, breaking past the $0.71 resistance level to attain a peak price of $0.74, and has since remained in that zone. This price increase moves MATIC’s total gain in July to 12.12% as of this writing. In addition, blockchain analytics firm Santiment also reported the Polygon utility token to have recently witnessed “some positive on-chain signs.” These included an increase in new daily addresses, declining exchange supply, and low-profit taking. According to data by CoinMarketCap, MATIC is currently exchanging hands at $0.74, with a 0.86% gain in the last hour. The token’s trading volume is up by 93.17% and is now sitting at $543.19 million. With a market cap of $6.9 billion, MATIC ranks as the 12th-largest cryptocurrency. Is A Bullish Run On For MATIC? Following MATIC’s price hike today, there is likely much speculation on the token’s next movement. Looking at its 4-hour chart, the Relative Strength Index (RSI) has just dipped below the overbought zone indicating a bearish trend on the horizon. However, its Moving Average Convergence Divergence (MACD) is well-placed above the signal line, so the bullish run may still be on. According to MATIC’s price movement, the token appears to be in an ascending channel recording higher highs and lows in the last month. If MATIC manages to break out of its current consolidation zone, it is expected to only trade as high as $0.77, which represents its next resistance level. Related Reading: MATIC Price Prediction: Polygon Bulls Aim For $0.80 On the other hand, if the bears do assume control of the market, they could push the price of MATIC as low as $0.69, which marks the token’s next support level. In other news, the general crypto market has witnessed an upturn from its form yesterday, with the total crypto market cap having increased by 1.4% in the last 24 hours.
 
The crypto market outlook is positive today, July 11, as its cap shows a gain of 0.69% at the time of writing. But while the top assets struggle, Solana (SOL) shows impressive gains in the 24-hour and 7-day trends. At the time of writing, SOL has gained 6.07% in 24 hours and 14.52% in one week. The question now is, since SOL is gaining when other assets are losing, what’s next for the crypto asset? SOL Gains While Top Coins Loses, Any Reason? Solana is an open-source project utilizing the permissionless feature of the blockchain to offer decentralized finance solutions. Since its launch in 2020, the crypto network has continued pushing its relevance. As of today, July 11, 2023, the crypto project occupies the 9th position on the Coinmarketcap ranking. Related Reading: Microstrategy Stock Surges 7% As Berenberg Highlights Bitcoin Halving’s Impact Apart from its rank, SOL is gaining today in price, trading volume, and market cap. The increased activities on its network have pushed the trading volume to $524,345,790, representing a 19.13% increase in 24 hours. Also, its market capitalization now stands at $8,867,175,756, showing a 6.11% increase in 24 hours. Usually, when the global market cap gains, it shows that many crypto assets are recording gains. But given that top assets are not gaining currently, network-related news or developments might be pushing SOL’s gains. One of the recent events related to Solana is the prediction that a former CEO of Goldman Sachs, Raoul Pal, released on it. Pal, now the Real Vision CEO, stated that Solana could move the way Ethereum did after losing massively in 2018. Pal pointed out that ETH gained 47x times after it recorded a very low value in 2018. As such, he expects SOL to surge 20x its price now. Pal said, “There is a potential, a dream scenario, for SOL to do the same thing Ethereum did from its low in 2018 when it increased 47-fold. Solana’s lowest price was $9, so the numbers could get very interesting with simple math. In my view, Solana could increase its value 20 times with current prices.” What’s Next For SOL Investors? Based on SOL’s daily chart above, the price trend is positive as the coin trades above the 50-day and 200-day Simple Moving Averages. This position shows that SOL is sporting a bullish trend in the short and long term. Also, the Relative Strength Index (RSI) currently stands at 68.78, close to the overbought region of 70. Since the line points upward, SOL will record more gains, but when it reaches the overbought zone, a trend reversal to the downside will likely occur. Lastly, the MACD line is above the signal depicting a bullish trend. But again, the faded histogram bars suggest a possible trend reversal very soon. So while SOL is currently bullish, traders should note the bars and the RSI pointing at a possible trend reversal.
 
SAN FRANCISCO–(BUSINESS WIRE)–Eclipse, a leader in customizable blockchain solutions, today announced the appointment of Vijay Chetty as their new Chief Business Officer. Chetty was formerly Head of Business Development at decentralized finance (DeFi) powerhouses Uniswap and dYdX. In this new role, Chetty will leverage his extensive knowledge and experience to propel Eclipse’s growth and market penetration. Chetty is widely recognized in the DeFi sector for his leadership roles at Uniswap and dYdX, where he drove substantial growth and development for both platforms. He has been pivotal in navigating the intricate DeFi landscape, establishing valuable partnerships, and driving broader liquidity and adoption. “We’re beyond excited to welcome Vijay to the Eclipse team,” said the Eclipse CEO, Neel Somani. “Given Vijay’s proven track record launching and scaling dYdX and Uniswap, he navigated the exact challenges that Eclipse solves. This marks the expansion of Eclipse’s DeFi offering in addition to the suite of growing use cases powered by our cross-ecosystem infrastructure.” Eclipse enables highly scalable, customizable solutions for applications across multiple ecosystems. Eclipse’s technology provides optimized, modular blockchains called “rollups” for applications with unique infrastructure needs, including those in DeFi, gaming, decentralized physical infrastructure networks, and social. Chetty shared, “I am incredibly excited to join the Eclipse team. The work they’re doing to enhance Ethereum scalability is groundbreaking. I look forward to contributing to the growth of Eclipse’s modular infrastructure, and to shaping the future of decentralized finance.” Chetty’s leadership will play a critical role in driving the adoption of rollup technology in the wider crypto and blockchain ecosystem. Eclipse’s mainnet is targeted for the second half of 2023 and is currently onboarding multiple cohorts of projects including Polygon, React Network, Injective, Zebec, Worlds, and more. To learn more about Eclipse’s customizable rollup solutions and deploy an optimized appchain, contact [email protected]. About Eclipse Eclipse is a customizable rollup provider allowing developers to “pick and choose” the best aspects of blockchain technology needed to create unique decentralized applications, without making technical trade-offs. Contacts Media: Charlie Havens, [email protected], (240) 460-4657
HAMBURG, Germany–(BUSINESS WIRE)–The NAGA Group AG (XETRA: N4G, ISIN: DE000A161NR7), operator of the neo-broker NAGA, the cryptocurrency platform NAGAX and the neo- banking app NAGA Pay, is publishing its preliminary HY1 2023 figures. NAGA is pleased to announce a successful first half year, with revenue of EUR 19.5 million and preliminary EBITDA of EUR 2.3 million for HY1 2023. This marks a significant improvement in performance, with a significant reduction in costs compared to HY1 2022. The company has achieved impressive growth, with 4.9 million trades and a trading volume of EUR 69 billion in the first semester of 2023. Additionally, the number of active traders has increased by 22% compared to the same period last year, and assets under custody have grown by 48%. Looking ahead, NAGA plans to expand internationally, further capitalizing on its success. As Sam Chaney, Chief Commercial Officer of NAGA, stated, “We are thrilled with our performance and future growth prospects. Our focus on cost reduction and improved core KPIs has positioned us well for continued success in the global market.” In HY1 2023, although NAGA significantly decreased its direct marketing expenditure, the impact on the number of new clients depositing for the first time with NAGA was much smaller, whilst the average deposit size from these new clients has nearly doubled compared to 2022, indicating an increased attraction of better-quality depositors. “2023 will be a steppingstone into the future for NAGA. We are extremely satisfied with the turnaround that occurred during the first half year of 2023 and this is confirmed by the preliminary results of the first six months of 2023. Our cost base has been significantly optimized leading to a positive EBITDA compared to last year. Both the teams and management, have and still are collectively striving with one common goal and that is to make NAGA profitable. Our costs are very much under control, and we are now running a much leaner operation. We have reassessed our strategy and have now shifted our attention to global growth, new acquisitions, and expansion of our license base which will make NAGA a strong brand and give a solid footprint in new markets. We are very proud of this joint effort and will overcome any obstacle that may head our way. Challenges will only make us stronger,” commented the CFO of NAGA, Christos Charalambous. With a solid client base in Europe, NAGA plans to expand their client footprint globally. NAGA’s neo-brokering solutions provide the perfect tools for clients of all levels to trade the financial markets. “Expanding our business globally is not just a goal; it’s a mindset. We believe that innovation knows no boundaries, and by embracing diverse markets, cultures, and perspectives, we can create a truly global ecosystem for our customers. Together, we will forge new alliances, seize exciting opportunities, and unlock the immense potential of the digital economy. Let’s redefine the way the world trades and invests, one step at a time,” further commented the CCO of NAGA. NAGA’s newly appointed Group CEO, Michael Milonas, has explained his vision for NAGA both in terms of brand positioning and growth as well as new strategic direction in his first letter addressed to the Group’s Investors, which can be found here: https://files.naga.com/Letter-from-our-Group-CEO-EN.pdf?lang=en (English version) https://files.naga.com/Letter-from-our-Group-CEO-DE.pdf?lang=de (German version) About NAGA NAGA is an innovative fintech company that seamlessly connects personal finance transactions and investments through its social proprietary trading platform. The company’s platform offers a range of products from stock trading, investments and cryptocurrencies to a physical VISA card. Additionally, the platform allows for exchanges with other traders, provides relevant information in the feed, and autocopy features for successful members’ trades. NAGA is a synergistic total solution that is easily accessible and inclusive. It provides an improved foundation to trade, invest, network, earn and pay. This applies to both fiat and crypto products. Language: English Company: The NAGA Group AG Hohe Bleichen 12 20354 Hamburg Germany E-mail: [email protected] Internet: www.naga.com ISIN: DE000A161NR7 WKN: A161NR Indices: Scale 30 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange Contacts Benjamin Bilski Tel:+49 (0)40 5247 79153 Email: [email protected], [email protected]
 
STAMFORD, Conn.–(BUSINESS WIRE)–#battea–Reissuing release to remove About DART boilerplate. The release reads: BATTEA CLASS ACTION SERVICES ANNOUNCES THE SUCCESSFUL INTEGRATION OF ITS DIGITAL ASSET RECOVERY TECHNOLOGY (“DART”) TO HELP INSTITUTIONAL INVESTORS IN RECOVERING DAMAGES RELATED TO CRYPTOCURRENCY INVESTMENTS Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 1,000 institutional investors, banks and hedge funds, announces the completion and integration of its Digital Asset Recovery Technology (“DART”), to support its expert teams’ ability to successfully help institutional investors in recovering losses from digital asset investment related activities and settlements. Cryptocurrency class action settlements include blockchain or cryptocurrency companies that engaged in the sale or exchange of tokens (commonly Initial Coin Offerings), cryptocurrency mining, staking, bankruptcies, cryptocurrency derivatives, or that designed blockchain focused software. “Battea Class Action Services is excited to leverage our 20+ years of securities litigation and antitrust recovery expertise, and patented, proprietary technology, The Claims Engine®, to assist investors that were harmed by all forms of cryptocurrency fraud,” says Trent Calabretta, Senior Vice President, Business Development. Since 2018 there have been 65 securities class action filings related to cryptocurrencies, up over 100% from 11 in 2021 to 23 in 2022. The SEC has deemed over $115 billion of digital tokens as unregistered securities, an upward trend expected to continue as regulators expand their purview to flag offending companies for mishandling customer funds, misleading investors and regulators, breaking securities rules, and failing to register tokens as securities. With over $80,000,000 settlement dollars currently outstanding, DART presents an exceptional opportunity for damaged cryptocurrency investors to recoup money they are rightfully due as a result of their investment related activities. About Battea Battea Class Action Services is the global leader and expert in all stages of asserting and processing settlement claims in connection with securities, interest rate derivatives, antitrust, collective action filings, cryptocurrencies, and settlement distributions. The company has been a leader in the space for over 20 years, serving more than 1,000 institutions around the world, including many of the world’s biggest banks, hedge funds, and buy-side investors. The company’s deep understanding of market operations facilitates the process of identifying and computing claims losses at an expert, “full service” level, whether OTC or exchange-traded and across all instruments and execution platforms. For more information, visit https://battea.com. Contacts Media: Kevin Doyle Global Head of Marketing Battea Class Action Services +1-203-987-4949 [email protected]
 
—76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions —36% consider their sanctions compliance budgets to be inadequate —88% identified sanctions risk assessments as one of their top investment areas CHICAGO–(BUSINESS WIRE)–Grant Thornton LLP, one of America’s largest audit, tax and advisory firms, has released its first-ever Global Sanctions Compliance survey. The survey canvassed decision makers at nearly 300 financial institutions around the world to understand how they are responding to Russia-related sanctions. Respondents included senior compliance professionals, senior management leaders and board members. According to the survey, 76% of financial institutions are experiencing enhanced regulatory scrutiny related to sanctions since early 2022. Further, these financial institutions said that their prior substantial investments in sanctions compliance are proving to be inadequate, largely due to the unprecedented number of Russia-related sanctions and the accompanying regulatory changes. Survey participants also reported that the cost of sanctions compliance has been increasing, with 57% of respondents noting a spend increase in response to the recently imposed global sanctions. More than 65% agreed that overall costs related to sanctions will continue to rise, and they expect to increase their compliance spending over the next 12 to 24 months. There are multiple factors driving up the costs of sanctions compliance, including the increasing complexity of different sanctions and diverging interpretations and level of enforcement of sanctions requirements. With higher spending on sanctions compliance trending up, not all budgets at financial institutions have kept pace. Globally, 36% of survey respondents said they consider their budgets to be inadequate or severely inadequate, with Asia-Pacific and Latin America exceeding the global average. “Governments are rolling out sanctions at an unprecedented pace and continuing to enact major legislative changes, often combining various financial crime concepts,” said Sven Stumbauer, a managing director at Grant Thornton LLP and the leader of the firm’s Anti-Money Laundering and Sanctions practice. “As a result, banks are trying to figure out the new rules, enact the right compliance measures and find the tools to do so, all while trying to protect their business. This, in turn, is increasing the pressure on boards and C-level executives.” A well-informed board of directors is crucial As financial institutions wrestle with intensifying sanctions, a well-informed and engaged board of directors has never been more crucial. Despite the importance of risk management, 30% of survey respondents indicated that they do not provide regular board training or briefings to board members. According to Stumbauer, boards that thoroughly understand legal and regulatory requirements are in the best position to provide thorough oversight and ultimately allocate sufficient funding for sanctions compliance programs. However, less than half (45%) of respondents said they conduct annual board trainings and briefings for their boards, leaving many institutions scrambling to stay compliant due to the fast pace of sanctions and regulatory changes. “Boards that receive more frequent trainings and briefings will enhance their ability to adapt strategy at a faster pace,” said Stumbauer. Mitigating the consequences of de-risking According to the survey, 79% of respondents utilized a de-risking strategy to manage their sanctions exposure. When institutions were asked in which area they planned to increase their investment the most, there was a tie between “adequate risk assessment and quantification” and the need to “assess sanctions risk in more agile ways.” De-risking typically involves eliminating or restricting business relationships to avoid and manage risk, but this strategy does not come without consequences. In fact, the survey reported that 60% of respondents either limited or terminated business relationships as a result of their de-risking actions. In conducting the survey, Stumbauer and his team also found that some institutions are using different counterparts — often away from traditional “trade routes” — and are effectively forum shopping for the lowest customer due diligence requirements. As a result, institutions have created nested relationships that often lead to increased risks of money laundering and sanctions breaches. “There is no more ‘business as usual,’ but there’s a way to grow your business while monitoring risk,” Stumbauer added. “Now is the time to invest in a thorough risk and compliance program that accounts for the many levels of complexity we’re seeing in the current sanctions landscape.” De-risking is not a new phenomenon, but Russia-related sanctions have amplified this trend. In fact, more than 88% of respondents identified sanctions risk assessments as one of their top six investment areas in 2022 and beyond. To see additional findings from Grant Thornton’s 2023 Global Sanctions Compliance survey, visit https://www.grantthornton.com/services/advisory-services/anti-money-laundering-advisory-services/sanctions-survey-report-2023. About Grant Thornton LLP Grant Thornton LLP (Grant Thornton) is one of America’s largest audit, tax and advisory firms — and the U.S. member firm of the Grant Thornton International Ltd global network. We go beyond the expected to make business more personal and build trust into every result. With revenues of $2.3 billion for the fiscal year that ended July 31, 2022, and almost 50 offices nationwide, Grant Thornton is a community of more than 9,000 problem solvers who value relationships and are ready to help organizations of all sizes and industries create more confident futures. Because, for us, how we serve matters as much as what we do. “Grant Thornton” refers to Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. Services are delivered by the member firms. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Contacts Gina Mazzone T +1 312 602 9096 E [email protected] S twitter.com/grantthorntonus linked.in/grantthorntonus
 
SHIB burn has surged to 3800% on the crypto market. The current trading volume has dropped by 27.67%. The memecoin cryptocurrency named Shiba Inu (SHIB) has made a jaw-dropping realization on the crypto market. Compared to the previous years, the burn rate has soared to 3800% with the plot of creating a demand being the reason. SHIB’s Transaction and Burn Comparatively, the SHIB transaction results have shown the results of expanding whales in the industry. In recent times, the whale has been spotted transacting 6.36T SHIB tokens from the stats of IntoTheBlock over a week back. Thereby, the price of Shiba Inu kept surging at the time exhibiting the highest transaction volume. Yet, the burn rate was oscillating with a peak and drop. Somehow predominantly, the CoinMarketCap graph exceeds with a green graph. This points to a bullish state with an increase of 13.13% over the month. Price Details Currently, the SHIB is getting traded at $0.000007515 with a fall of 0.32% over a volume of $82M which gets a drop of 27.67%. The market capitalization is sustained at $4,430,067,415 in the current circulation supply of around 589 trillion. SHIB 24Hr Price Chart (Source: CoinMarketCap) Moreover, the upcoming Shibarium official launch is expected to be launched sooner. And, the effective rumor has stunned the crypto town with the update in which the Shiba Inu price surged a bit higher than the last day. Highlighting Crypto News Today: Shiba Inu (SHIB) Burn Rate Soars 3800%; Here’s What You Need to Know!
 
Open source artificial intelligence platform will unlock machine learning in smart contracts and web3 protocols within DeFi, Gaming, and Security NEW YORK–(BUSINESS WIRE)–#3M—Giza, an artificial intelligence (AI) platform for smart contracts and web3 protocols, today announced a $3 million pre-seed round led by CoinFund, a leading cryptonative investment firm and registered investment adviser, with participation from Arrington Capital, StarkWare and TA Ventures, along with prominent angels like Rand Hindi and Julien Bouteloup, among others. Funding will go towards the launch of Giza’s platform, which will support web3 and AI developers to integrate machine learning into smart contracts and decentralized protocols. Current web3 infrastructure, such as smart contracts, are fundamentally static and disconnected from real world context, exposing web3 users to various inefficiencies, UX hurdles and vulnerabilities. By providing trustless inference access to web3 applications, ML models served on Giza’s platform will provide smart contracts with the ability to classify, contextualise and adapt. “Smart contracts are not as smart as their name would suggest,” said Francisco Algaba, CEO of Giza. “They lack the capabilities and ease of use of many web2 applications because, until now, smart contracts cannot trustlessly integrate machine learning. Giza is on a mission to unlock the capabilities of machine learning for web3 smart contracts and protocols leveraging collective and open development. The successful integration of AI into web3 will not only expand the capabilities of smart contracts but will also enable the possibility of new models of ownership for AI.” Currently, smart contracts can’t trustlessly operate on off-chain data without relying on oracles, reducing their ability to leverage machine learning. Giza changes this by using zero-knowledge cryptography to bring model inferencing on-chain, unlocking a new depth for smart contract design. This new design space has significant implications across web3 verticals. ML-integrated smart contracts will perform significantly better for usability in web3 with use cases such as biometric access and account recovery; in DeFi, protocols can enhance their risk assessment mechanisms, leading to a more resilient open finance infrastructure. Giza can also shift the paradigm in web3 gaming with on-chain autonomous agents, difficulty adjustment and asset interoperability mechanisms. “We are thrilled to support Giza’s efforts to be one of the first projects that make AI models available to smart contracts and dramatically expand their design space” said Einar Braathen, Investor, CoinFund. “Fran, Cem, and Renç are an exceptional and truly web3 native team, with what we consider a unique blend of AI, web3 and operational experience. This shines through in their incredible vision and their lightning fast execution and time to market.” Contacts Orlagh Lyons [email protected]
 
While the Bitcoin price is currently stuck in a sideways trend, a few altcoins on the crypto market are currently showing a strong momentum. These three altcoins are currently attracting the attention of investors and traders alike: Shiba Inu (SHIB), Solana (SOL), and Polygon (MATIC). Let’s dive into the technical chart analysis of these altcoins and examine the potential price moves that could unfold this week. Shiba Inu (SHIB) – A Make-or-Break Moment SHIB finds itself at a critical juncture, where the next move could determine its trajectory for the rest of the year. After experiencing a remarkable rally earlier this year, SHIB entered a descending trend channel at the beginning of February, dragging its price below the yearly opening level. However, a breakthrough from this channel occurred over the weekend, signaling a potential reversal. As the SHIB bulls attempt to validate this breakout, their success could propel the price upwards by 30%, as NewsBTC reported yesterday. This would bring SHIB towards the resistance area between $0.00000969 (200-day EMA) and $0.00000977 (38.2% Fibonacci), with a significant psychological milestone of $0.00001 within reach. Nonetheless, a confirmation of the breakout is still pending. While the Shiba Inu price managed to stay above the trend channel yesterday, the bulls are still hesitant to make an impulsive move higher towards the 23.6% Fibonacci level at $0.00000834. A breakout above this can be seen as confirmation of a trend change. Solana (SOL) – Rising Against The Crypto Odds Solana (SOL) made a splash in the crypto market last week, recording an impressive 39% price increase over the last 12 days. This surge propelled SOL to the critical resistance level represented by the 200-day exponential moving average (EMA). Breaking through this level has been a persistent challenge for SOL since April 2022, but recent developments offer hope for a potential breakthrough. At press time, the SOL price overcame the 200-EMA at $21.98, trading at 22.07. A daily close above this price level would be massively bullish. SOL’s rally is particularly noteworthy, considering the setbacks it faced due to the FTX drama and the SEC’s classification of it as a security. Should the 200-day EMA be breached, the 50% Fibonacci retracement level and the yearly high at $27.00 could serve as the next targets for an extended rally, which could give investors another 22% profit, as detailed in our last analysis. Polygon (MATIC) – New Momentum Recent developments have sparked interest and potential opportunities for investors. The announcement of former Chief Legal Officer Marc Boiron as the new CEO has generated positive sentiment within the community. On-chain data indicates a significant spike in social volume following the news, suggesting increased attention and potential bullish sentiment for MATIC’s price. From a technical standpoint, MATIC has seen a 40% increase since its local bottom in June. The price currently sits below the 23.6% Fibonacci retracement level, and a breakout above this level could potentially drive MATIC towards the 200-day EMA and the 38.2% Fibonacci retracement level, offering a 22% rally. However, breaking the resistance at the first Fibonacci level at $0.756 is a crucial step to watch for potential upward momentum. Please note: The analysis and observations in this article should not be considered financial advice. Cryptocurrency investments carry inherent risks, and readers are urged to conduct thorough research before making any investment decisions.
 
STAMFORD, Conn.–(BUSINESS WIRE)–#battea—Battea Class Action Services, LLC, the global leading expert in providing turn-key class and collective action antitrust and securities litigation recovery services, international litigation research and monitoring to more than 1,000 institutional investors, banks and hedge funds, announces the completion and integration of its Digital Asset Recovery Technology (“DART”), to support its expert teams’ ability to successfully help institutional investors in recovering losses from digital asset investment related activities and settlements. Cryptocurrency class action settlements include blockchain or cryptocurrency companies that engaged in the sale or exchange of tokens (commonly Initial Coin Offerings), cryptocurrency mining, staking, bankruptcies, cryptocurrency derivatives, or that designed blockchain focused software. “Battea Class Action Services is excited to leverage our 20+ years of securities litigation and antitrust recovery expertise, and patented, proprietary technology, The Claims Engine®, to assist investors that were harmed by all forms of cryptocurrency fraud,” says Trent Calabretta, Senior Vice President, Business Development. Since 2018 there have been 65 securities class action filings related to cryptocurrencies, up over 100% from 11 in 2021 to 23 in 2022. The SEC has deemed over $115 billion of digital tokens as unregistered securities, an upward trend expected to continue as regulators expand their purview to flag offending companies for mishandling customer funds, misleading investors and regulators, breaking securities rules, and failing to register tokens as securities. With over $80,000,000 settlement dollars currently outstanding, DART presents an exceptional opportunity for damaged cryptocurrency investors to recoup money they are rightfully due as a result of their investment related activities. About Battea Battea Class Action Services is the global leader and expert in all stages of asserting and processing settlement claims in connection with securities, interest rate derivatives, antitrust, collective action filings, cryptocurrencies, and settlement distributions. The company has been a leader in the space for over 20 years, serving more than 1,000 institutions around the world, including many of the world’s biggest banks, hedge funds, and buy-side investors. The company’s deep understanding of market operations facilitates the process of identifying and computing claims losses at an expert, “full service” level, whether OTC or exchange-traded and across all instruments and execution platforms. For more information, visit https://battea.com. About DART DART is a combined lien and eNote registry system developed by Figure Technologies, Inc using blockchain technology. Lenders using DART can turn their loans into unique digital assets on the Provenance Blockchain. This process facilitates immediate and automated asset onboarding, real-time settlement of loan pledges and sales and use of the integrated registration system that can automatically reflect transfers of loan interests. For more information, please visit www.DARTinc.io. Contacts Media: Kevin Doyle Global Head of Marketing Battea Class Action Services +1-203-987-4949 [email protected]
 
Axelar’s blockchain data integration and interoperability solutions will be available to Microsoft customers via the Azure Marketplace while Microsoft and Axelar collaborate on AI and hybrid blockchain initiatives. NEW YORK–(BUSINESS WIRE)–$AXL #AI–Axelar and Microsoft are partnering to further advance the adoption of blockchain technologies by building a data integration and interoperability layer that will deliver easier blockchain onramps for everyone, from enterprises to Web3 startups. By connecting isolated networks and simplifying complex integrations, the collaboration aims to unlock growth and innovation opportunities for developers and businesses. The current market offers limited options for developers and organizations who want to enable one-click user interoperability spanning multiple blockchain ecosystems. Combining Axelar’s secure cross-chain communication network with the global reach and scale of Microsoft Azure, the partnership plans to unlock seamless Web3 developer and user experiences. Specifically, Microsoft Azure Marketplace customers will have access to the following: An end-to-end blockchain interoperability solution that is programmable and secure. Services and developer tools via AxelarJS SDK to automate multichain deployments for interchain-native Web3 applications. Axelar General Message Passing (GMP), enabling developers to integrate functionality and network effects, independent of blockchains or databases that host them. “We are excited to collaborate with Axelar to accelerate blockchain integration and deliver valuable solutions to our customers,” said Daniel An, director of business development, Microsoft Web3 & AI. “By leveraging our strengths and expertise, we can empower organizations to embrace blockchain technology and transform their operations.” Axelar and Microsoft have also agreed to explore innovative solutions that will further advance the maturity of the Web3 industry, such as seamlessly connecting private with public blockchains and leveraging Azure OpenAI services to create entirely new experiences in Web3. “Axelar’s mission is to make the innovation on leading blockchains accessible and effortless to deploy for a new generation of interchain-native Web3 apps,” said Axelar co-founder Sergey Gorbunov. “The shared vision inspired us to partner with Microsoft to provide an extensible interoperability layer for the Azure community, from fast-growing Web3 startups to global enterprises. With Microsoft, we are now also able to explore the possibility for other new frontiers in Web3, such as blockchain-enabled Open AI services and the integration of AI in future Web3 applications.” Read more about Axelar partnerships on Axelar’s blog. About Axelar: Axelar is the full-stack interoperability layer for Web3. The network enables blockchain as a new application development platform, by integrating ecosystems of innovation into a seamless “Internet of blockchains.” Axelar is programmable and decentralized, secured by a proof-of-stake token, AXL. Application users unlock and access digital assets on any blockchain, with one click. Developers work with a simple API and access an open market of tooling to automate complex tasks. You can think of it as Stripe for Web3. More about Axelar: axelar.network. Contacts For media inquiries, please contact: Karla Vilhelem MarketWaves PR [email protected] 754-215-4315
 
Bitgert experienced a significant surge in the burn rate. The recent developments have directly impacted the trading price. The world of the crypto market has experienced significant growth with exciting developments over the last few years. Recently, the cryptocurrency Bitgert (BRISE) caught the attention of the crypto market with a surprising move. BRISE has experienced a massive amount of burn in the last 24 hours. Burn BRISE, the Bitgert coin tracker, reported that there were 3,931,598 tokens, which are worth $0.91, burned from the total supply in the past hour. This recent burn resulted in the 24-hour burn reaching a massive amount of 168,388,302, worth over $39.47. The significant increase in the burn rate caught the attention of crypto enthusiasts. In recent days, Bitgert has continuously burned a massive amount of tokens. The significant burn in BRISE has resulted in the total burn rate of BRISE reaching 59.45%, according to Burn BRISE. At the time of writing, the total circulating supply is around 405,413,119,524,340, which is 40.54% of the total supply. Bitgert Project Reaches Significant Milestone On June 10, Bitgert revealed their weekly report, announcing that the project turned two years old on July 7. The report stated that the project is growing stronger by the day and that the team will not stop building until it reaches its goal. According to the report, Bitgert has made five partnerships and strategic investments in the last week. Moreover, volatility had retained its hold for every other altcoin and BRISE. The recent development and the increased burn rate have directly impacted the trading price of BRISE. The recent surge may be an indication of an upcoming bullish run. At the time of writing, the trading price of the Bitgert is around $0.0000002289, with an increase of over 2.96% in the last 24 hours. The trading volume of BRISE has experienced a surge of over 4.99%, according to CoinMarketCap.
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